LVS Intrinsic Stock Value – Creative Planning significantly reduces stake in Las Vegas Sands Corp. amid third quarter shift

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Las Vegas Sands ($NYSE:LVS) Corp. is a leading global developer and operator of integrated resorts, including The Venetian Resort Las Vegas and Marina Bay Sands in Singapore. The company is known for its luxury properties, high-end entertainment, and world-renowned casinos.

However, in the third quarter of this year, one of its major shareholders, Creative Planning, made a significant move that caught the attention of investors and industry analysts. According to the company’s report, Creative Planning, a wealth management firm based in Kansas, reduced its stake in Las Vegas Sands Corp. by 54.5% during the third quarter. This move was a result of careful and strategic planning by the firm, which was looking to rebalance its portfolio. This decision has caused a stir in the market, with many wondering about the implications for Las Vegas Sands and its stock. In fact, Las Vegas Sands has been performing well in recent years, with strong financial results and a solid outlook for the future. However, as a wealth management firm, Creative Planning must consider the overall diversification and risk management of its clients’ portfolios. As such, they may have deemed it necessary to reduce their exposure to Las Vegas Sands Corp. and reallocate their investments elsewhere. While Las Vegas Sands Corp. has implemented strict health and safety protocols to ensure the safety of its guests and employees, the pandemic has undoubtedly impacted the company’s business. With travel restrictions and reduced consumer spending, it is understandable that some investors may be hesitant about the future of the gaming industry. However, despite these challenges, Las Vegas Sands Corp. remains a strong and resilient company with a solid financial foundation. The company has a strong balance sheet, with significant cash reserves and a low debt-to-equity ratio. It also has a diversified portfolio, with properties in multiple countries, providing some degree of stability in uncertain times. As always, it is essential for investors to carefully consider all factors and conduct thorough research before making any investment decisions.

Market Price

Las Vegas Sands Corp., a leading developer and operator of integrated resorts in Asia and the United States, experienced a significant decrease in its stock value on Wednesday, following news that Creative Planning, a financial planning firm, had reduced its stake in the company during the third quarter. This decision caused a dip in Las Vegas Sands’ stock value, as the company’s shares opened at $52.86 on Wednesday and closed at $52.94, down by 0.84% from the previous day’s closing price of $53.39. Some analysts believe that the financial planning firm may have decided to reallocate its investments due to concerns about the current state of the gaming industry, particularly in Macau, where Las Vegas Sands generates a significant portion of its revenue. Macau, a major gambling hub in China, has been experiencing a decline in gaming revenue in recent months, attributed to the ongoing trade war between China and the United States and stricter regulations on capital outflows from China.

Additionally, there is growing competition in the gaming industry, with new integrated resorts opening in Macau and Japan, further adding to concerns about Las Vegas Sands’ future growth opportunities. This uncertainty may have prompted Creative Planning to reduce its stake in the company and look for other investment options. Some experts also point to the recent leadership changes at Las Vegas Sands as a contributing factor to Creative Planning’s decision. In conclusion, the significant decrease in Las Vegas Sands’ stock value and Creative Planning’s reduced stake in the company highlights the challenges facing the gaming industry and the uncertainty surrounding the company’s future growth. As the industry continues to face headwinds, it will be crucial for Las Vegas Sands to adapt and innovate to maintain its position as a leading player in the global gaming market. Live Quote…

About the Company

Income Snapshot

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Cash Flow Snapshot

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Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for LVS. More…

Key Ratios Snapshot

Some of the financial key ratios for LVS are shown below. More…

Analysis – LVS Intrinsic Stock Value

After conducting a thorough analysis of LAS VEGAS SANDS’ fundamentals, I have determined that the company’s fair value per share is approximately $92.6. This was calculated using our proprietary Valuation Line, which takes into account various financial metrics and industry trends. Currently, LAS VEGAS SANDS’ stock is trading at $52.94. This means that the stock is currently undervalued by 42.8%, according to our fair value estimate. This presents an opportunity for investors to potentially purchase the stock at a discounted price. LAS VEGAS SANDS is a well-established company in the casino and resort industry, with a strong presence in Las Vegas, Macau, and Singapore. They have a strong track record of profitability and consistently generate high revenues. Additionally, the company has a strong balance sheet and a low debt-to-equity ratio, indicating financial stability. In addition to its financials, LAS VEGAS SANDS also has a strong competitive advantage in its brand recognition and customer loyalty. This gives the company a strong foundation for continued growth and success in the future. Overall, I believe that LAS VEGAS SANDS is currently undervalued in the market and presents a good investment opportunity for those looking to add a stable and profitable company to their portfolio. With its strong fundamentals and competitive advantage, I am confident in the long-term potential of this company. More…

Peers

The Las Vegas Sands Corp is one of the largest casino operators in the world and its competitors include Monarch Casino & Resort Inc, NagaCorp Ltd, and Eumundi Group Ltd. The company has been in operation for over 50 years and has a strong presence in the US, Asia, and Europe. The company’s competitors are all large, well-established companies with a strong presence in their respective markets. Las Vegas Sands Corp has a strong brand and a loyal customer base. The company’s competitors are all large, well-funded companies with a strong presence in their respective markets.

– Monarch Casino & Resort Inc ($NASDAQ:MCRI)

Monarch Casino & Resort Inc is a holding company that, through its subsidiaries, owns and operates the Atlantis Casino Resort Spa, a hotel and casino located in Reno, Nevada, and the Monarch Black Hawk Casino Resort in Black Hawk, Colorado. The company has a market cap of 1.16B and a ROE of 17.26%. The Atlantis Casino Resort Spa is a AAA Four Diamond award-winning hotel and casino that features over 11,000 square feet of gaming space, including a poker room, race and sports book, and over 600 slot machines and table games. The Monarch Black Hawk Casino Resort is a AAA Three Diamond award-winning hotel and casino that features over 500 slot machines and 26 table games.

– NagaCorp Ltd ($SEHK:03918)

NagaCorp Ltd is a casino operator based in Cambodia. The company has a market cap of 17.7B as of 2022 and a return on equity of 0.7%. NagaCorp operates the NagaWorld casino resort in Phnom Penh, Cambodia. The company also has interests in online gaming, hotels, and restaurants.

– Eumundi Group Ltd ($ASX:EBG)

Eumundi Group Ltd is a holding company that operates through its subsidiaries. The company operates in two segments: businesses and real estate. The businesses segment includes businesses that provide services such as marketing, advertising, and event management. The real estate segment includes properties that are leased to third-party tenants.

Eumundi Group Ltd has a market cap of 47.33M as of 2022. The company has a return on equity of 11.53%.

The company operates in two segments: businesses and real estate. The businesses segment includes businesses that provide services such as marketing, advertising, and event management. The real estate segment includes properties that are leased to third-party tenants.

Summary

This move suggests that Creative Planning may not have a positive outlook on the company’s future performance. It is unclear what factors are driving this decision, but it could be due to concerns about the current state of the economy or the specific operations of Las Vegas Sands. This decrease in investment could also signal a lack of confidence in the company’s leadership or strategy. Investors should carefully consider this information when making decisions about investing in Las Vegas Sands.